NYSE:ENVEnvestnet Stock Price, Forecast & News

$76.03

+3.19 (+4.38 %)

(As of 06/4/2020 04:00 PM ET)

Add

Compare

Today's Range

$73.80

Now: $76.03▼

$76.42

50-Day Range

$53.65

MA: $64.27▼

$76.03

52-Week Range

$45.53

Now: $76.03▼

$87.75

Volume365,600 shs

Average Volume412,775 shs

Market Capitalization$4.07 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.77

Envestnet, Inc., together with its subsidiaries, provides intelligent systems for wealth management and financial wellness in the United States and internationally. It operates through Envestnet and Envestnet | Yodlee segments. The company's product and services suites include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; Envestnet | Retirement Solutions, which offer a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provide research, due diligence, and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services. It also provides Envestnet | Yodlee data aggregation and data analytics platform, which offers cloud-based innovation for digital financial services. The company primarily serves banks, wealth management and brokerage firms, Internet services companies, and registered investment advisers. Envestnet, Inc. was founded in 1999 and is headquartered in Chicago, Illinois.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Envestnet has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $74.50, Envestnet has a potential downside of 2.0% from its current price of $76.03.
Amount of Analyst Coverage
Envestnet has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Envestnet has received 309 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Envestnet has received 382 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Envestnet has received 55.28% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Envestnet and other stocks. Vote “Outperform” if you believe ENV will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ENV will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Envestnet does not currently pay a dividend.
Dividend Growth
Envestnet does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Envestnet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,018,418.00 in company stock.
Percentage Held by Insiders
Only 2.44% of the stock of Envestnet is held by insiders.
Percentage Held by Institutions
93.86% of the stock of Envestnet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Envestnet are expected to grow by 22.40% in the coming year, from $1.25 to $1.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Envestnet is -691.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Envestnet is -691.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Envestnet has a P/B Ratio of 4.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.35 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Business services, not elsewhere classified

Sub-IndustryInternet Software & Services

SectorBusiness Services

Current SymbolNYSE:ENV

Previous Symbol

CUSIP29404K10

CIK1337619

Webwww.envestnet.com

Phone312-827-2800

Debt

Debt-to-Equity Ratio0.79

Current Ratio0.92

Quick Ratio0.92

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio60.82

P/E GrowthN/A

Sales & Book Value

Annual Sales$900.13 million

Price / Sales4.52

Cash Flow$3.32 per share

Price / Cash Flow22.89

Book Value$16.53 per share

Price / Book4.60

Profitability

EPS (Most Recent Fiscal Year)$1.21

Net Income$-16,780,000.00

Net Margins-0.66%

Return on Equity8.94%

Return on Assets4.26%

Miscellaneous

Employees4,190

Outstanding Shares53,514,000

Market Cap$4.07 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

Receive ENV News and Ratings via Email

Sign-up to receive the latest news and ratings for ENV and its competitors with MarketBeat's FREE daily newsletter.

Envestnet (NYSE:ENV) Frequently Asked Questions

How has Envestnet's stock been impacted by COVID-19 (Coronavirus)?

Envestnet's stock was trading at $63.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ENV shares have increased by 20.1% and is now trading at $76.03. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Envestnet?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Envestnet.

When is Envestnet's next earnings date?

Envestnet is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Envestnet.

How were Envestnet's earnings last quarter?

Envestnet Inc (NYSE:ENV) issued its quarterly earnings data on Thursday, May, 7th. The business services provider reported $0.57 EPS for the quarter, topping the Zacks' consensus estimate of $0.45 by $0.12. The business services provider had revenue of $246.50 million for the quarter, compared to the consensus estimate of $242.32 million. Envestnet had a positive return on equity of 8.94% and a negative net margin of 0.66%. The firm's quarterly revenue was up 23.4% compared to the same quarter last year. During the same period last year, the firm posted $0.39 earnings per share. View Envestnet's earnings history.

What guidance has Envestnet issued on next quarter's earnings?

Envestnet updated its FY20 earnings guidance on Thursday, May, 7th. The company provided earnings per share guidance of $1.92-2.02 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.08. The company issued revenue guidance of $939.5-945.5 million, compared to the consensus revenue estimate of $966.94 million.

What price target have analysts set for ENV?

10 brokers have issued 1 year price objectives for Envestnet's shares. Their forecasts range from $68.00 to $80.00. On average, they anticipate Envestnet's stock price to reach $74.50 in the next twelve months. This suggests that the stock has a possible downside of 2.0%. View analysts' price targets for Envestnet.

Has Envestnet been receiving favorable news coverage?

News stories about ENV stock have trended negative on Thursday, according to InfoTrie. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Envestnet earned a news impact score of -2.6 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutEnvestnet.

Are investors shorting Envestnet?

Envestnet saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,430,000 shares, an increase of 33.5% from the April 30th total of 1,820,000 shares. Based on an average trading volume of 450,200 shares, the days-to-cover ratio is presently 5.4 days. Currently, 4.8% of the shares of the company are short sold. View Envestnet's Current Options Chain.

Who are some of Envestnet's key competitors?

Some companies that are related to Envestnet include Facebook (FB), Equinix (EQIX), eBay (EBAY), SEA (SE), CoStar Group (CSGP), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), J2 Global (JCOM), Stamps.com (STMP), Cornerstone OnDemand (CSOD), SPS Commerce (SPSC) and Cimpress (CMPR). View all competitors.

What other stocks do shareholders of Envestnet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Envestnet investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), CROWN CASTLE IN/SH SH (CCI), Micron Technology (MU), Transocean (RIG), Alibaba Group (BABA) and Intel (INTC).

Who are Envestnet's key executives?

Envestnet's management team includes the following people:

Mr. Judson Taft Bergman, Chairman & CEO (Age 62)
Mr. Peter H. D'Arrigo CFA, Chief Financial Officer (Age 51)
Mr. Scott David Grinis, Chief Technology Officer (Age 57)
Mr. William C. Crager, Chief Exec. of Envestnet Wealth Solutions (Age 55)
Mr. Brandon Rockwell Thomas, Co-Founder & Chief Investment Officer (Age 55)

What is Envestnet's stock symbol?

Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."

Who are Envestnet's major shareholders?

Envestnet's stock is owned by many different institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (6.56%), Janus Henderson Group PLC (4.55%), Van Berkom & Associates Inc. (2.77%), TimesSquare Capital Management LLC (2.41%), Champlain Investment Partners LLC (2.04%) and State Street Corp (1.93%). Company insiders that own Envestnet stock include Anil Arora, Brandon Thomas, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Ross K Chapin, Scott D Grinis, Shelly O'brien, Stuart Depina and William Crager. View institutional ownership trends for Envestnet.

Which institutional investors are selling Envestnet stock?

ENV stock was sold by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Janus Henderson Group PLC, Federated Hermes Inc., Ashford Capital Management Inc., TimesSquare Capital Management LLC, GW&K Investment Management LLC, Champlain Investment Partners LLC, and AXA. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Brandon Thomas, Charles Roame, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Ross K Chapin, Scott D Grinis, Shelly O'brien, and William Crager. View insider buying and selling activity for Envestnet.

Which institutional investors are buying Envestnet stock?

ENV stock was bought by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, Spyglass Capital Management LLC, York Capital Management Global Advisors LLC, Jupiter Asset Management Ltd., Van Berkom & Associates Inc., FDx Advisors Inc., FDx Advisors Inc., and Geode Capital Management LLC. View insider buying and selling activity for Envestnet.

How do I buy shares of Envestnet?

Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Envestnet's stock price today?

One share of ENV stock can currently be purchased for approximately $76.03.

How big of a company is Envestnet?

Envestnet has a market capitalization of $4.07 billion and generates $900.13 million in revenue each year. The business services provider earns $-16,780,000.00 in net income (profit) each year or $1.21 on an earnings per share basis. Envestnet employs 4,190 workers across the globe.

What is Envestnet's official website?

The official website for Envestnet is www.envestnet.com.

How can I contact Envestnet?

Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff